Favorable policies that support the development of new energy vehicles are expected to come out this year, yesterday’s China Business News quoted an insider from the China Association of Automobile Manufacturers as saying.
The regulator has completed soliciting public opinion on the drat policies, which include preferential taxes on new-energy vehicles, according to the insider.
The Olympics [...]
The 8th overseas factory of Chinese carmaker Chery Auto in Malaysia has been formally put into production and it has already got the mass production capacity.
The company’s President Yin Tongyao made the remarks at a launching ceremony of its first CKD MPV Eastar in Malaysia on Tuesday.
The car is assembled in the Chery’s 8th overseas [...]
Italian carmaker Fiat Auto has recently signed an agreement with China’s Guangzhou Auto Group for technical cooperation. Meanwhile, Fiat Group has decided to invest 1.8 billion yuan ($263 million) to build a light diesel engine plant in Chongqing city. All this shows the determination of Fiat to maintain its presence and growth in the fast-growing [...]
An Iranian carmaker has struck a deal with Chery, the largest independent car company in China, to assemble 6,000 vehicles in 2009.
The announcement was made by Seyyed Hossein Ahmadi, head of the Industries and Mines Department of Khorasan Razavi province, at an auto fair in the capital city Mashhad.
Sanabad Khorasan Khodro, an affiliate of Iran [...]
Italian car maker Fiat SpA is spending 1.8 billion yuan (US$265 million) to build an engine plant in China’s Chongqing Municipality, hoping to rev up its slow development in the world’s second-largest auto market.
A statement from the Chongqing Development and Reform Commission on its Website said the engine plant will produce 100,000 units of light [...]
U.S.-based PPG Industrial Inc, one of the world’s leading manufacturers of transportation coatings, announced that its new automotive coatings plant in Wuhu city, Anhui Province of China has officially started production.
The Wuhu plant is in line with the company’s international business strategy which targets emerging regions, said PPG chairman and CEO Charles Bunch, adding that [...]
